GMAC Bank is offer the following Certificate of Deposit rates for balances of over $500.00
| Term |
Rate |
APY |
| 3 months |
3.20% |
3.25% |
| 6 months |
3.54% |
3.60% |
| 9 months |
3.59% |
3.65% |
| 12 months |
3.83% |
3.90% |
| 18 months |
3.92% |
4.00% |
| 2 years |
4.07% |
4.15% |
| 3 years |
4.35% |
4.45% |
| 4 years |
4.50% |
4.60% |
| 5 years |
4.88% |
5.00% |
As with all CD’s there are early withdrawal penalties, you will forfeit 90 days of interest on a certificate of deposit of 1 year or less and 180 days of interest on certificate of deposits over 1 year.
Author: Brian McKay
June 30th, 2008
